RAMCOCEM trade ideas
RAMCO CEMENTS
NSE:RAMCOCEM
Had shared this on 14th July, but it failed.
But just see how its respecting the trendline and reversed from the downside levels given.
I think the breakout is near in the charts, play as per the levels given for long side, else range bound game till 645 are intact.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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RAMCO CEMENTS - BET OF THE DAYNSE:RAMCOCEM
It has cleared a major resistance of 668 and closed above it, if it sustains levels of 668, strong upside possible upto 689, 700 and beyond which aggressive targets of 723.
If downside comes once it doesnt sustains, it can reach 645
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
All time ChartJust got rejected at resistance at 667 and has pulled back however 770 looks reasonable in a few months.
Again lower time frame has a nice cross forming and this should carry on up not exciting enough but since its close to flipping a level , tempted.
I doubt it will dip below 634 so buy around there and hop off at 770 or way earlier around 698 if you'd rather move on or buy back lower on the retest of 670.
Cheers!
ramcocements seems to resume up trendafter consolidating from the level 663 ramco seems to ready to travel up
Resistance breakoutMentioned in the chart. Can hit the possible target in 2 ways. Keep SL accordingly.
RAMCO CEMENTS BULLISH For 584 592 614 633 (TF 1 Month)LONG RAMCO CEMENTS
Target 584
592
614
633
SL 554
Stock Significantly Being Accumulated at Lower Levels
Ramco Cements - BearishCurrently market is in correction, according to fib extension the target is drawn in the chart.
Please comment your views.
Disclaimer: the post for only educational purpose.
THE RAMCO CEMENTS LTD - Might Be Fall Under 575Dear All,
Based on my Research on RAMCO CEMENTS, The price might fall under 575 RS. Since fibonacci retracement support is in 560. RSI is near 35. So we can expected that the sell trend will continues a week or few days until the price reaches the support level 560. Investors can use this opportunity and enter when the price is near 575 RS.
Note: This is my view on RAMCO CEMENT, Please do your own analysis before entry any position.
Thanks & Regards,
Ganesh
Market GM
Ramco cement near 100 SMAStock breathing near 100 SMA
Stock moving in upward channel
Need to Close above 820 to move toward 900 top of channel.
channle breckout can down stock towards 700.
Ramco Cement - gaining momentum for new highsRamco Cement has bottomed out at 683-690 … Gaining Momentum & headed for 850-900+++ in next 3-5 months
Ramco Downside PossibleRamco Cement has taken a good resistance from a monthly Resistance level of 770. Price has formed strong bearish pin bar on daily Chart which shows sellers are gaining control for a short time. Sell after retracement near 755 for risk reward ratio of 1:2.5
